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21
Don't chase happiness
There will be sex bots for everyone and the world will be a better place for everyone except women -
49
What Happens if Ghislaine Maxwell Testifies Before Congress?
ok big dummy, moot, she ain't going to congress. If she does, she gets amnesia or mossad neck tie. she's on appeal of her original sentence and will have to plead the 5th yah big dummy! -
35
What is the tax treaty between Canada and Thailand?
Further to the Canada-Thailand Double Tax agreement, here are some outputs of my research into this in regards to dividends from a Canadian company via a Canadian brokerage, received by a Canadian expatriate in Thailand, who is a Thailand tax resident and who is not a Canadian tax resident. Please note, I am not a tax advisor. Take this with a 'grain of salt' and apply your own interpretation. This is from my own notes to support my own private assessment. = = = Canadian Dividends for Canadian Expats in Thailand – My Personal Interpretation of Canadian taxation aspects in considering the Canadian-Thailand Double Tax Agreement (DTA) For Canadian expatriates living in Thailand who are tax residents of Thailand but no longer Canadian tax residents, and who still have a Canadian brokerage account paying dividends (stocks, ETFs, mutual funds), here is my interpretation of the Canada-Thailand Double Tax Agreement (DTA) regarding how those dividends are treated for Canadian tax purposes. Withholding Tax – 15% Under the Tax Treaty Under Article 10(2) of the Canada–Thailand Tax Treaty: Canadian dividends paid to a Thai tax resident (who is the beneficial owner) are subject to a maximum 15% Canadian withholding tax. A Canadian brokerage should generally withhold this 15% automatically — so in most cases, a Canadian expatriate in Thailand require no further Canadian tax filing unless they are filing a Canadian tax return for other reasons (e.g., receiving OAS, CPP, RRSP/RRIF payments). If Also Filing a Canadian T1 Return (e.g., for OAS, CPP, RRSP/RRIF) If a Canadian expatriate in Thailand (not a Canadian tax resident) is required to file a Canadian tax return for other reasons, (for example, because they are receiving Canadian pension income) then here are two approaches I believe could be adopted when filing where both require Schedule-A to be completed: Schedule A – Statement of World Income If filing a Canadian tax return, one must report all worldwide income, including Canadian dividends, on Schedule A. The CRA uses this worldwide income to calculate the appropriate tax rates on the person's Canadian income. Hence, Schedule A must include Canadian dividend income, even though it’s already been taxed at source. Canadian T1 Main Tax Form - Two different approaches to consider: as noted I believe there are two possible approaches ... Approach One – Do not include dividends on Lines 12000 / 12010 / 12100 (Dividend Income) of Canadian Tax Return T1 form I believe it is may not be strictly necessary to enter Canadian dividends on these lines if they’ve already been taxed and are reported on Schedule A. However I also believe in such cases, it is best to attach a note stating: “Dividend income has been reported and taxed at the maximum 15% in accordance with Article 10(2) of the Canada–Thailand Tax Treaty, and thus has not been included on this T1 tax form. This taxpayer is a resident of Thailand and the beneficial owner of the income.” Approach Two – Include dividends on Lines 12000 / 12010 / 12100 of Canadian Tax Return T1 form If one includes dividends on one of the noted income lines, I believe one should also claim a matching deduction on Line 25600 (Additional Deductions), citing Article 10(2) of the Canada–Thailand DTA. This reflects that the income is treaty-exempt beyond the 15% withholding already applied. In this case, one might attach a note stating: “Dividend income has already been taxed at the maximum 15% withholding in accordance with Article 10(2) of the Canada–Thailand Tax Treaty. This taxpayer is a resident of Thailand and the beneficial owner of the income.” Why attach an explanation note or letter? Adding a brief note or letter may help clarify one's treaty position for the CRA. This may reduce the likelihood of inquiries, especially since the CRA likely received a NR4 or T5 or T5008 slip from one's financial institution reporting the dividends. ... and again, I am not a tax advisor. I did this research for mine OWN benefit, and I am simply sharing this. If you are looking for tax advice, you may be best going to a professional tax advisor. -
21
Don't chase happiness
Yeah well I know a worse case but he's miserable. The nerd is happy. No gf for 20 years. Said he's not gay, doesnt use hookers. Must have wanked for 20 years. Weird guy but happy. Must be a brain process to create happiness from a crap life. -
16
The Amount of Electricity Generated From Solar Is Suddenly Unbelievable
That was not my question. I think it is duty free in Thailand, but is it also duty free in the US. Nope, so now we are back to my original post where I pointed out that Trump is the reason why it isn't cheap in the US, but you decided to deflaect on that.
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